Senior Accountant
World Wide Power Services FZCO
Total years of experience :14 years, 1 Months
Designation: Senior Accountant
➢Accounts Payable: Management of vendor's payment process that includes invoice checking, posting into supplier module, cheques/TT advice preparation, debit/credit notes, WPS payroll process, preparation of reconciliation with GL and accounting as per the approved policies and procedures. Bookkeeping and financial statemen.
➢Preparation of supplier ageing schedule, monthly closing schedules, amortization of prepayments, provisioning for month end and accounts finalization purpose, obtaining external confirmations from supplier.
➢Accounts Receivable: Management of accounts receivable process that includes updating of receipts, validation, posting accounting, generation of statement of accounts, debit/credit notes, follow up with customers & Bank. Samuel Leslie Pinto
➢Managing customer's payment collections & outstanding debts. Directly communicate & Sending statement of account on regular bases & Coordinate with the sales team and chasing for the payment and following up on regular bases.
➢Bank: Daily Bank reconciliation and monitoring of all the bank accounts, reconciling the bank transaction, Consolidation, Inter-company transactions and foreign currency accounting.
➢Preparation of monthly closing reports with the supporting schedules. Preparation of Aging Report Accounts Receivable & Payable. Cost accounting functions.
➢Prepared, managed and validated all documents in line with VAT regulations for submission of quarterly VAT returns.
➢Providing financial information to the management by researching and analyzing accounting data.
➢Assist in auditing activities by providing necessary information and preparing requested documentations.
➢Resolving Customer's & supplier issues & related discrepancies.
Handle full spectrum of day to day financial & accounting operations. i.e., AR, AP, GL, forecasting, budgeting, Cost Accounting, Inventory etc.
➢Perform financial analysis & reporting to management as needed. Reports include daily cash flow, management reporting, monthly financial statements, dashboard reports, revenue, expenses, cash flow forecasting & income statements.
➢Managing & supervising daily operation of account management i.e., AR, AP, cash & bank, general ledger, fixed asset, WPS payroll in ERP environment.
➢Perform month-end accounting activities such as reconciliations, Amortization, Accruals, journal entries, finalization of monthly financial accounts & ensure timely closing.
➢Responsible for timely validation and submission of quarterly VAT returns in line with legal requirements for filing along with all related analysis, reconciliations.
➢Handle complete process of Local/Export LC. Liaising with bank & customer on LC related issues.
➢Managing customer's payment collections & outstanding debts. Directly communicate & Visit customers to establish relations for negotiations & payment plans. Coordinate with the sales team for the collection of payments.
➢Assist in budget preparation & monitor expenditures, analyze revenues & determine budget variances and report the same to management.
➢Assist in auditing activities by providing necessary information and preparing requested documentations.